PA > Philadelphia > Mt Airy
Philadelphia, PA 19119,7120 GERMANTOWN AVE
Philadelphia, PA 19119,7120 GERMANTOWN AVE
Philadelphia, PA 19119,7120 GERMANTOWN AVE
27
See all 27 photos
$575,000
Est. payment /mo
Save
1,561 Sqft Lot
Pending

7120 GERMANTOWN AVE Philadelphia, PA 19119

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
12
Dec
Fri
13
Dec
Sat
14
Dec
Josh Heller

Josh Heller

+1(717) 200-4148

UPDATED:

11/14/2024 05:19 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Subdivision Mt Airy

MLS Listing ID PAPH2221310

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $3,689

Tax Year 2024

Lot Size 1,561 Sqft

Acres 0.04

Lot Dimensions 17.00 x 95.00

Property Description

Great investment opportunity in Mt Airy. This Mixed use triplex can be a great opportunity for a savvy buyer or investor. The property next door at 7122 Germantown Ave is also being sold at $700k each building. Both ground floor commercial spaces have tenants. the other floors left unoccupied. Previous tenants were medical practitioners that used the entire building. The Condos across the street at 7111 Germantown are selling for $540,000 and up. This is a chance to create a modern living space that rival the condos without having association fees plus gaining cash flow from the other apartments. If you take the investor approach, the building is zoned Cmx2.5 you can build additional floors, and get more units. Cmx 2.5 allows a developer to build up to 55ft in height which will equal to 5 floors on each building.
This property would also work well for a cafe or coffee shop owner that can take advantage of the traffic and residential support and strength of this community. Seller is open to seller financing, and will hold the note.

The possibilities are endless, Bring your vision and creativity.

Location

State PA

County Philadelphia

Area 19119 (19119)

Zoning CMX25

Interior

Hot Water Natural Gas

Cooling None

Heat Source Natural Gas

Exterior

Garage Spaces 1.0

Water Access N

Accessibility None

Total Parking Spaces 1

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871280250

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, Cash, FHA 203(k), Seller Financing

Listing Terms Conventional, Cash, FHA 203(k), Seller Financing

Financing Conventional,Cash,FHA 203(k),Seller Financing

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Taison DeVore • Trinity Property Advisors

GET MORE INFORMATION

Josh Heller

Owner | License ID: RS338767 / NMLS #2348781

+1(717) 200-4148

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

7120 GERMANTOWN AVE